BREAKING NEWS, Business
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The Joint Appropriation Committee of the National Assembly sends the details of the 2016 budget details to President Muhammadu Buhari for assent
THE National Assembly, NASS, has finally sent the much awaited details of 2016 Budget Appropriation Bill to President Muhammadu Buhari. On Wednesday, April 6, Abdulmumin Jibrin, chairman, House of Representatives Committee on Appropriation, who addressed journalists in Abuja, shortly after submitting the details of the budget to the Clerk of the National Assembly on behalf of the Joint Appropriation Committee of the NASS, said that the clerk has been directed to send the document to Buhari.
The NASS had sent the budget to the president about three weeks, but he refused sign it until the details is given to him by the lawmakers.
Jibrin explained that it took them extra weeks to get the details ready to correct all the inconsistencies, errors, omissions and padding in the document submitted to us in December 2015.
“Being the most important economic policy tool of government, the budget provides a comprehensive statement of our priorities as a nation. And, as representatives of the people, the National Assembly remains the appropriate place to ensure that the detail of such a document best match our national goals and aspirations.
“Therefore, what we have been doing in these past few weeks is to balance the projections for revenue against the estimates for expenditure based on the reality of our situation today,” he said.
– Apr. 7, 2016 @ 9:00 GMT |
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